Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Petrobras CEO replacement being discussed by Brazil officials, sources say
By Sabrina Valle and Lisandra Paraguassu HOUSTON/BRASILIA (Reuters) -Officials in the Brazilian government have been discussing a possible replacement of the CEO of state-run oil company Petrobras, as...
Nov 20, 2023
Analysis-Sam Altman’s firing at OpenAI reflects schism over future of AI development
By Greg Bensinger SAN FRANCISCO (Reuters) - The rift that cost artificial-intelligence whiz kid Sam Altman his CEO job at OpenAI reflects a fundamental difference of opinion over safety, broadly, betw...
Nov 20, 2023
Argentina’s black market currency traders brace for uncertainty
By Alexander Villegas BUENOS AIRES (Reuters) - In downtown Buenos Aires a small group of black market money traders, known as "arbolitos" - or little trees - shouted for business on Monday, a day afte...
Nov 20, 2023
German industrial projects in steel, chips, batteries at risk from court ruling -sources
BERLIN (Reuters) - German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel production, and expanding the b...
Nov 20, 2023
GM Cruise cofounder, senior exec Dan Kan quits day after CEO exit
(Reuters) -General Motors' Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a day after Cruise CEO Kyle Vogt quit. A spokesperson for Cruise sai...
Nov 20, 2023
Chinese financial watchdog warns of risks as Premier Li takes helm
BEIJING (Reuters) - China's Central Financial Commission (CFC), with Premier Li Qiang in place as its head, urged stronger supervision of risks in the multi-trillion dollar financial sector as China s...
Nov 20, 2023
Quebec expects possible profit with planned sale of A220 jet program stake in 2030
By Allison Lampert MONTREAL (Reuters) - Quebec expects to be in the black when it exits its minority stake at the end of the decade in Airbus's now money-losing A220 narrowbody jet program, the Canadi...
Nov 20, 2023
US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico
(Reuters) - The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released m...
Nov 20, 2023
Shares in Argentina’s YPF soar as Milei hints at privatization
BUENOS AIRES (Reuters) - New York-traded shares in Argentine state-run oil company YPF soared more than 40% on Monday after President-elect Javier Milei said he would seek to privatize the firm. The l...
Nov 20, 2023
Structural demand for US debt strong despite bond market volatility – Moody’s
(Reuters) - The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, Moody's Investors Ser...
Nov 20, 2023
